If you have ever dreamed about starting your own business but were unsure how to go about it, get the real skills required to set up and successfully manage your own company with a Nationally-Accredited BSB42615 Certificate IV in New Small Business qualification.
Whether you want to land a job in a successful business or start your own, the BSB42615 Certificate IV in New Small Business will help you gain the knowledge and entrepreneurial skills you need to make a mark on any business.
This course has been specifically designed to equip you with the necessary skills to start, run or manage any business. You’ll learn how to plan the business, lead projects and understand marketing.
The BSB42615 Certificate IV in New Small Business will give you the foundations for your career
Individuals with this qualification are able to perform roles, such as:
To complete this course 10 units of competency must be completed.
These 10 units are made up of 4 core units plus 6 elective units.
The Penn College has considered local industry requirements and determined that the following 10 units of competency will be delivered for this Certificate:
This unit describes the skills and knowledge required to coordinate and review the promotion of an organisation’s products and services. It applies to individuals with a broad knowledge of the promotion of products and services specific to an organisation. They may have responsibility to provide guidance or to delegate aspects of these tasks to others.
This unit describes the skills and knowledge required to manage an ongoing relationship with a customer over a period of time. This includes helping customers articulate their needs and managing networks to ensure customer needs are addressed.
It applies to individuals who are expected to have detailed product knowledge in order to recommend customised solutions. In this role, individuals would be expected to apply organisational procedures and be aware of, and apply as appropriate, broader factors involving ethics, industry practice and relevant government policies and regulations.
This unit describes the skills and knowledge required to undertake a straightforward project or a section of a larger project. It covers developing a project plan, administering and monitoring the project, finalising the project and reviewing the project to identify lessons learned for application to future projects.
This unit applies to individuals who play a significant role in ensuring a project meets timelines, quality standards, budgetary limits and other requirements set for the project.
This unit describes the skills and knowledge required to research and develop an integrated business plan for achieving business goals and objectives.
It applies to individuals who operate a small business that operates independently, or as part of a larger organisation. Individuals in this role interpret business information and numerical data competently and are skilled communicators.
This unit describes the skills and knowledge required to assess and prioritise risks and identify and comply with all regulations affecting the business.
It applies to individuals operating a small business or setting up a department within a larger organisation, who are skilled at communicating and interpreting legislation and regulations.
This unit describes the skills and knowledge required to identify financial requirements of a business, including profit targets, cash flow projections and strategies to garner financial support.
It applies to individuals who operate a small business or work within an existing micro or small businesses or in a department of a larger organisation. Individuals in this role interpret financial data competently and are skilled communicators.
This unit describes the skills and knowledge required to monitor and improve business performance via a clear strategy complementing the business plan.
It applies to individuals who operate a small business independently or within a larger organisation. Individuals in this role analyse and interpret market data and are proficient communicators.
This unit describes the skills and knowledge required to gather, organise, analyse and present workplace information using available systems. This includes identifying research requirements and sources of information, applying information to a set of facts, evaluating the quality of the information, and preparing and producing reports.
It applies to individuals who are required to apply their broad knowledge of the work environment to analysis and research tasks, evaluate information from a variety of sources and apply solutions to a range of unpredictable problems.
This unit describes the skills and knowledge required to implement and review financial management strategies on a regular basis.
It applies to individuals who operate a small business that stands alone, or is part of a department within a larger organisation. Individuals in this role are skillful communicators and interpret financial reports and other numerical data with ease.
This unit describes the skills and knowledge required to plan, implement and manage basic marketing and promotional activities. It is a foundation unit covering general and basic marketing and promotional activities that do not require detailed or complex planning or implementation.
It applies to people with no previous experience in marketing. It could be undertaken as part of a broader role of a person in a small enterprise, or as part of a marketing plan for a larger enterprise.
While there are no formal entry requirements to undertake the BSB42615 Certificate IV in New Small Business, all potential students will also undergo a Language, literacy and numeracy assessment.
While not essential, individuals may be existing workers, within the management area of a retail store, undertaking everyday tasks at a management level and may or may not hold qualifications in business or business administration.
Recognition of Prior Learning (RPL)
The Penn College provides the opportunity for students to apply to have prior learning and experience recognised toward a qualification.
For example, if you have completed units of competency for this qualification at another educational institution, or have significant work experience, you may be granted credit or partial credit towards this qualification in recognition of those skills and knowledge gained through work experience, life experience and/or previous formal training.
Please contact us for further information about how to apply for RPL for this qualification.
Full Tuition Fee
After achieving BSB42615 Certificate IV in New Small Business, individuals may undertake: